Cullen/Frost Bankers Stock Price, News & Analysis (NYSE:CFR)

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CFR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFR, but not buy additional shares or sell existing shares.
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11 brokers have issued 1-year price objectives for Cullen/Frost Bankers' stock. Their CFR share price targets range from $94.00 to $150.00. On average, they predict the company's stock price to reach $112.33 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for CFR or view top-rated stocks among Wall Street analysts.

Cullen/Frost Bankers' stock was trading at $133.70 at the beginning of 2023. Since then, CFR stock has decreased by 23.9% and is now trading at $101.7250.
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Cullen/Frost Bankers saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,910,000 shares, an increase of 9.8% from the October 31st total of 1,740,000 shares. Based on an average daily volume of 447,900 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the shares of the company are sold short.
View Cullen/Frost Bankers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our CFR earnings forecast.

Cullen/Frost Bankers, Inc. (NYSE:CFR) issued its earnings results on Thursday, October, 26th. The bank reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.24. The bank had revenue of $513.35 million for the quarter, compared to the consensus estimate of $484.91 million. Cullen/Frost Bankers had a trailing twelve-month return on equity of 22.13% and a net margin of 26.78%. During the same period last year, the firm posted $2.59 earnings per share.

Cullen/Frost Bankers announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.92 per share on Friday, December 15th. This represents a $3.68 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend is Wednesday, November 29th.
Read our dividend analysis for CFR.

Cullen/Frost Bankers (NYSE:CFR) pays an annual dividend of $3.68 per share and currently has a dividend yield of 3.60%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFR will have a dividend payout ratio of 43.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CFR.

ETFs with the largest weight of Cullen/Frost Bankers (NYSE:CFR) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust Nasdaq Bank ETF (FTXO) and FlexShares Quality Dividend Dynamic Index Fund (QDYN).

143 employees have rated Cullen/Frost Bankers Chief Executive Officer Phillip Green on Glassdoor.com. Phillip Green has an approval rating of 99% among the company's employees. This puts Phillip Green in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), Chevron (CVX), International Business Machines (IBM), Coca-Cola (KO), AT&T (T), AbbVie (ABBV) and Intel (INTC).

Cullen/Frost Bankers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Aristotle Capital Management LLC (10.30%), FMR LLC (2.31%), JPMorgan Chase & Co. (1.47%), Principal Financial Group Inc. (1.29%), Bank of New York Mellon Corp (1.10%) and Montrusco Bolton Investments Inc. (1.01%). Insiders that own company stock include Anthony R Chase, Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Chris Avery, Howard Willome John, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green and William L Perotti.
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Shares of CFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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